All into Account The Best of The Long-Term Strategist
Jun 16, 2025
Join Jan Loeys, a seasoned Long-term Strategist at J.P. Morgan with a remarkable 40-year career, as he shares insights on critical global shifts. He discusses regime changes like climate impacts, demographic shifts, and the rise of populism. Jan warns about the implications for strategic asset allocation, particularly in relation to U.S. equities and bonds. He also emphasizes the importance of sustainable retirement planning in light of increasing longevity and offers practical investment rules. A must-listen for thoughtful investors!
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Launching The Long-Term Strategist
- Jan left tactical strategy at 65 to launch The Long-Term Strategist and fill a gap for multi-year strategic guidance.
- He sought to focus on slower-moving but powerful forces that short-term research misses.
Five Structural Regime Shifts
- Climate change, depopulation, weakening democracy, de-globalization, and the end of ultra-easy money are the key long-term regime shifts investors must watch.
- These shifts create regional and sectoral biases rather than a single uniform return outlook.
Working-Age Populations Are Peaking
- The world may have peaked in population growth with younger cohorts already shrinking in many places.
- A falling working-age population will reshape labor markets, immigration needs, and long-term fiscal pressures.